Chewy (NYSE:CHWY) Releases Q1 2025 Earnings Guidance

Chewy (NYSE:CHWY) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.300-0.350 for the period, compared to the consensus EPS estimate of 0.340. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CHWY. Needham & Company LLC reissued a “hold” rating on shares of Chewy in a research report on Thursday, March 27th. Citigroup boosted their target price on shares of Chewy from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, March 27th. Mizuho boosted their target price on shares of Chewy from $42.00 to $43.00 and gave the stock an “outperform” rating in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft set a $27.00 target price on shares of Chewy and gave the stock a “hold” rating in a research report on Monday, April 14th. Finally, Morgan Stanley cut their target price on shares of Chewy from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Six research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Chewy currently has an average rating of “Moderate Buy” and an average price target of $38.47.

Chewy Stock Up 1.1%

NYSE CHWY opened at $41.46 on Friday. The stock has a market cap of $17.15 billion, a P/E ratio of 45.56, a PEG ratio of 2.21 and a beta of 1.69. The company’s 50-day simple moving average is $34.90 and its 200 day simple moving average is $34.72. Chewy has a twelve month low of $15.78 and a twelve month high of $41.71.

Chewy (NYSE:CHWY) last posted its earnings results on Wednesday, March 26th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.25. The business had revenue of $3.25 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Chewy had a net margin of 3.51% and a return on equity of 24.47%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Research analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

Insider Activity at Chewy

In other Chewy news, CTO Satish Mehta sold 71,365 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $35.60, for a total value of $2,540,594.00. Following the transaction, the chief technology officer now directly owns 262,853 shares in the company, valued at $9,357,566.80. The trade was a 21.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sumit Singh sold 148,063 shares of the business’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $40.67, for a total transaction of $6,021,722.21. Following the completion of the transaction, the chief executive officer now owns 705,252 shares in the company, valued at approximately $28,682,598.84. This trade represents a 17.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 307,411 shares of company stock valued at $11,928,229 over the last quarter. 2.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Chewy

An institutional investor recently raised its position in Chewy stock. Royal Bank of Canada lifted its stake in shares of Chewy, Inc. (NYSE:CHWY) by 2.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,509 shares of the company’s stock after purchasing an additional 5,466 shares during the period. Royal Bank of Canada owned approximately 0.05% of Chewy worth $7,168,000 at the end of the most recent reporting period. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

Chewy Company Profile

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.